Vivakor, Inc. (VIVK)

NASDAQ: VIVK · IEX Real-Time Price · USD
1.270
+0.020 (1.60%)
At close: May 23, 2024, 4:00 PM
1.120
-0.150 (-11.81%)
Pre-market: May 24, 2024, 9:04 AM EDT
1.60%
Market Cap 35.19M
Revenue (ttm) 59.80M
Net Income (ttm) -10.09M
Shares Out 27.71M
EPS (ttm) -0.49
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 42,820
Open 1.220
Previous Close 1.250
Day's Range 1.220 - 1.350
52-Week Range 0.438 - 1.840
Beta 0.46
Analysts n/a
Price Target n/a
Earnings Date May 20, 2024

About VIVK

Vivakor, Inc. operates, acquires, and develops technologies and assets in the oil and gas industry and related environmental solutions in the United States and Kuwait. The company owns and operates a crude oil gathering, storage, and transportation facility in Delhi, Louisiana. It also owns a crude oil storage tank located near Colorado City, Texas. In addition, the company offers remediation of soil and the extraction of hydrocarbons, such as oil from properties contaminated by or laden with heavy crude oil and other hydrocarbon-based substanc... [Read more]

Sector Energy
Founded 2006
Employees 5
Stock Exchange NASDAQ
Ticker Symbol VIVK
Full Company Profile

Financial Performance

In 2023, Vivakor's revenue was $59.32 million, an increase of 111.06% compared to the previous year's $28.11 million. Losses were -$10.74 million, -44.76% less than in 2022.

Financial Statements

News

Vivakor Regains Compliance with Nasdaq Minimum Bid Price Requirement

DALLAS, TX / ACCESSWIRE / May 9, 2024 / Vivakor, Inc. (NASDAQ:VIVK) ("Vivakor" or the "Company"), a clean energy technology company focused on the oil remediation and natural resources sectors, today ...

15 days ago - Accesswire

Vivakor Reports 111% Revenue Growth to $59.3 Million Revenue for 2023

DALLAS, TX / ACCESSWIRE / April 29, 2024 / Vivakor, Inc. (Nasdaq:VIVK) ("Vivakor" or the "Company"), a clean energy technology company focused on the oil remediation and natural resources sectors, tod...

25 days ago - Accesswire

Vivakor Signs Definitive Agreement to Acquire Endeavor Entities for $120 Million

DALLAS, TX / ACCESSWIRE / March 25, 2024 / Vivakor, Inc. (NASDAQ:VIVK) ("Vivakor" or the "Company"), a socially responsible operator, acquirer and developer of clean energy technologies and environmen...

2 months ago - Accesswire

VIVAKOR INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Vivakor, Inc. - VIVK

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Vivakor, Inc. ...

2 months ago - Business Wire

VIVK Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Vivakor, Inc. Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Vivakor, Inc. (NASDAQ: VIVK) and Empire Diversified Energy, Inc. is fair to Vivakor sha...

2 months ago - Business Wire

Shareholder Alert: Ademi LLP investigates whether Vivakor, Inc. has obtained a Fair Price in its transaction with Empire Diversified Energy

MILWAUKEE , March 5, 2024 /PRNewswire/ -- Ademi LLP is investigating Vivakor (NASDAQ: VIVK) for possible breaches of fiduciary duty and other violations of law in its transaction with Empire Diversifi...

2 months ago - PRNewsWire

Vivakor Signs Definitive Merger Agreement with Empire Diversified Energy for a Combined Enterprise Value of Approximately $250 Million

Synergies Expected to Provide Infrastructure for Expansion and Accelerate Revenue Growth DALLAS, TX / ACCESSWIRE / March 4, 2024 / Vivakor, Inc. (NASDAQ:VIVK) ("Vivakor" or the "Company"), a socially ...

2 months ago - Accesswire

Vivakor Achieves Milestone for its RPC in Houston, Texas

Completed Factory Acceptance Test and Now Working Toward Commercial Operations DALLAS, TX / ACCESSWIRE / February 5, 2024 / Vivakor, Inc. (Nasdaq:VIVK) ("Vivakor" or the "Company"), a clean energy tec...

3 months ago - Accesswire

Vivakor Reports 39% Revenue Growth to $16.3 Million Revenue for Third Quarter 2023

DALLAS, TX / ACCESSWIRE / November 30, 2023 / Vivakor, Inc. (NASDAQ:VIVK) ("Vivakor" or the "Company"), a clean energy technology company focused on the oil remediation and natural resources sectors, ...

6 months ago - Accesswire

Vivakor Announces Results of Special Meeting of Shareholders with All Proposals Approved with Greater than 90% Voted For Each Proposal

Chairman and CEO James Ballengee's Compensation Stock Issuance at $1.08 per Share, and Jorgan Development, LLC's Note Conversion Stock Issuance at $1.42 per Share, are 42% and 87% Premium to Current M...

6 months ago - Accesswire

Vivakor Issues Shareholder Update

Revenue Increased to $29.1 Million and Operating Loss Decreased to $2.0 Million for the First Half 2023 Evaluating Several Strategic Acquisitive and Organic Growth Opportunities LEHI, UT / ACCESSWIRE ...

7 months ago - Accesswire

Vivakor Reports $13.6 Million Revenue for Second Quarter 2023

Led by Significant Increase in Oil and Natural Gas Liquid Sales from Prior Acquisition of Silver Fuels Delhi, LLC LEHI, UT / ACCESSWIRE / August 24, 2023 / Vivakor, Inc. (NASDAQ:VIVK) ("Vivakor" or th...

9 months ago - Accesswire

Vivakor Reports $15.5 Million Revenue for First Quarter 2023

Led by Significant Increase in Oil and Natural Gas Liquid Sales from Prior Acquisition of Silver Fuels Delhi, LLC LEHI, UT / ACCESSWIRE / August 1, 2023 / Vivakor, Inc. (NASDAQ:VIVK) ("Vivakor" or the...

10 months ago - Accesswire

Vivakor Relocating RPC #2 from Vernal, Utah to Kuwait

Based on Successful Results Yielding Less Than 1% Total Petroleum Hydrocarbons in Treated Contaminated Soil in Kuwait LEHI, UT / ACCESSWIRE / June 20, 2023 / Vivakor, Inc. (NASDAQ:VIVK) ("Vivakor" or ...

1 year ago - Accesswire

Vivakor Reports $28.1 Million Revenue for 2022 Fiscal Year

Led by Significant Increase in Oil and Natural Gas Liquid Sales from Acquisition of Silver Fuels Delhi, LLC LEHI, UT / ACCESSWIRE / May 25, 2023 / Vivakor, Inc. (Nasdaq:VIVK) ("Vivakor" or the "Compan...

1 year ago - Accesswire

Vivakor Inc. Receives Notification of Deficiency from Nasdaq

Related to Delayed Filing of Quarterly Report on Form 10-Q LEHI, UT / ACCESSWIRE / May 24, 2023 / Vivakor, Inc. (the "Company" or "Vivakor") (NASDAQ:VIVK) today announced that it has received, on May ...

1 year ago - Accesswire

Vivakor Inc. Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Annual Report on Form 10-K

LEHI, UT / ACCESSWIRE / April 26, 2023 / Vivakor, Inc. (NASDAQ:VIVK) ("Vivakor" or the "Company"), a socially responsible operator, acquirer and developer of clean energy technologies and environmenta...

1 year ago - Accesswire

Vivakor Announces New Board of Directors

Adds Significant Oil and Gas Industry and Public Company Experience LEHI, UT / ACCESSWIRE / March 22, 2023 / Vivakor, Inc. (NASDAQ:VIVK) ("Vivakor" or the "Company"), a socially responsible operator, ...

1 year ago - Accesswire

Vivakor Reports Growth of 1,118% to $11.8 Million in Revenue for Third Quarter 2022

Led by Significant Increase in Oil and Natural Gas Liquid Sales from Recent Acquisition of Silver Fuels Delhi, LLC IRVINE, CA / ACCESSWIRE / November 29, 2022 / Vivakor, Inc. (NASDAQ:VIVK) ("Vivakor" ...

1 year ago - Accesswire

Vivakor Closes Acquisitions with Operations and Long-Term Contracts in Louisiana and Texas Servicing Two Major U.S. Oil Basins

Generated $33 Million in Revenue and Positive Operating Cash Flow in 2021 LEHI, UT / ACCESSWIRE / August 2, 2022 / Vivakor, Inc. (NASDAQ:VIVK) ("Vivakor" or the "Company"), a socially responsible oper...

1 year ago - Accesswire

Why Vivakor Shares Are Soaring Today

Shares of small-cap penny stock Vivakor Inc. (NASDAQ: VIVK) are trading higher after the company announced it signed a definitive agreement to acquire Silver Fuels Delhi and White Claw Colorado City. ...

2 years ago - Benzinga

Vivakor Signs Definitive Agreement to Acquire Companies with Assets Located in Two Major U.S. Oil Basins with Long-Term Contracts in Place

Generated $33 Million Revenue and Positive Operating Cash Flow in 2021 Complementary to Company's Existing Waste Remediation Activities and Provides Infrastructure for Continued Growth IRVINE, CA / AC...

2 years ago - Accesswire

Vivakor to Present at the LD Micro Invitational XII Investor Conference on June 7-9, 2022

IRVINE, CA / ACCESSWIRE / June 1, 2022 / Vivakor, Inc. (Nasdaq:VIVK) ("Vivakor" or the "Company"), a socially responsible operator, acquirer and developer of clean energy technologies and environmenta...

2 years ago - Accesswire

Vivakor to Present at the Rocky Mountain Microcap Conference IX

IRVINE, CA / ACCESSWIRE / May 24, 2022 / Vivakor, Inc. (NASDAQ:VIVK) ("Vivakor" or the "Company"), a socially responsible operator, acquirer and developer of clean energy technologies and environmenta...

2 years ago - Accesswire

Vivakor Continues SPV Focus for Funding its RPCs and Will Present at Mick Law Energy & Global Alts Symposium on Tuesday, May 17

SPV Capital of $22.6 Million To-Date Has Fully-Funded Three RPCs Without Dilution of Public Shareholder Equity IRVINE, CA / ACCESSWIRE / May 17, 2022 / Vivakor, Inc. (NASDAQ:VIVK) ("Vivakor" or the "C...

2 years ago - Accesswire